For this short term pull-back, a divergence can be seen in 15min chart when compare to MACD (12,28,9). Moreover, it also breaks the nearest downtrend.
It is expected a sharp surge to around 55 level. Time would be mid-end Nov.
today's low 42.80 is very close to the 0.618 retracement level, it should be expected a leg is formed successfully to explore more room to the north.
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